I have given 2 months notice to my existing landlord and have to be out of my rented flat in Peacehaven by 4/3/2025. Conveyancing on my purchase is progressing. Is it possible to complete in 5 weeks as don't want to have to move into temporary accommodation?
Generally one should not provide notice for your lease unless you have exchanged. Assuming that you have not already done so, notify to your conveyancer and request that they apply pressure on the other solicitors, try to get a realistic time scale from them that all parties will work towards
I am assisting my mother sell her house in Peacehaven. Will the conveyancer order the energy assessment or should I organise this?
After the abolition of Home Packs, energy performance certificates remained a mandatory component of selling a house. An energy performance certificate should be to hand prior to the property being advertised. This is not as aspect of the sale process that solicitors normally organise. Where you are using a Peacehaven conveyancing practitioner they might be able to arrange EPC’s given their contacts with reputable local energy assessors
How can we tell if a Peacehaven conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Peacehaven getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing.
My offer was accepted on a property in Peacehaven on 10/12/2024, valuation was booked 4 days later, all came back fine. Property lawyer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Aldermore and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Aldermore conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Peacehaven differ for new build properties?
Most buyers of new build or newly converted property in Peacehaven contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Peacehaven typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Peacehaven or who has acted in the same development.
My business partner and I are wishing to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no costs for non-domestic conveyancing in Peacehaven for under 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Peacehaven, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. As for the charges these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or email us so that we may provide you with comprehensive commercial conveyancing quote.
When it comes to leasehold conveyancing in Peacehaven what are the most frequent lease problems?
Leasehold conveyancing in Peacehaven is not unique. All leases are unique and legal mistakes in the legal wording can sometimes mean that certain sections are missing. For example, if your lease is missing any of the following, it could be defective:
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A duty to insure the building
A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Chelsea Building Society, and Aldermore all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the purchaser to withdraw.
I am the registered owner of a 1 bedroom flat in Peacehaven, conveyancing having been completed in 2008. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Peacehaven with a long lease are worth £179,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease finishes on 21st October 2082
With just 57 years left to run the likely cost is going to span between £26,600 and £30,800 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.